Intuit® Online Payroll accuracy guarantee

Intuit guarantees the accuracy of its payroll calculations, based on the information you provide and subject to the terms of your agreement with Intuit. If Intuit causes a calculation error, Intuit will pay the tax penalty incurred as a result of a calculation error.

Cost examples for Intuit® Online Payroll Basic

Here are examples of the types of companies that benefit from using Intuit® Online Payroll Basic:

Company 1 has 18 employees, all of whom have personal Bank of America checking accounts. The cost to the company for Intuit® Online Payroll Basic is $20 per month, but because all employees are paid via direct deposit to a Bank of America account, that $20 monthly fee is waived. The final monthly cost to the company is $0.

Company 2 has 25 employees, all of whom have personal Bank of America checking accounts. The cost to the company for Intuit® Online Payroll Basic is $20 per month, which covers the cost of the first 20 employees, plus $2 per month per employee for the additional 5 employees. Because all employees are paid via direct deposit to a Bank of America account, that $20 monthly fee is waived. The final monthly cost to the company is $10.

Company 3 has 25 employees, some of whom do not have Bank of America checking accounts. The cost to the company for Intuit® Online Payroll Basic is $20 per month, which covers the cost of the first 20 employees, plus $2 per month per employee for the additional 5 employees. The final monthly cost to the company is $30.

Cost examples for Intuit® Online Payroll Enhanced

Here are examples of the types of companies that benefit from using Intuit® Online Payroll Enhanced:

Company 1 has 25 employees, all of whom have personal Bank of America checking accounts. The cost to the company for Intuit® Online Payroll Enhanced is $36 per month, which covers the cost of the first 20 employees. Because all employees are paid via direct deposit to a Bank of America account, there is no additional $2 per month fee per employee for the additional 5 employees. The final monthly cost to the company is $36.

Company 2 has 25 employees, some of whom do not have personal Bank of America checking accounts. The cost to the company for Intuit® Online Payroll Enhanced is $36 per month, which covers the cost of the first 20 employees, plus $2 per month per employee for the additional 5 employees. The final monthly cost to the company is $46.

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Intuit® Online Payroll: Intuit Online Payroll offers 2 self-service levels, Basic and Enhanced. Basic supports direct deposit. Enhanced service provides state and multi-state tax service and supports direct deposit. You must have an open Bank of America business checking account to be eligible to access the Intuit Payroll Service from Bank of America Online Banking. There is a waiting period of up to 5 business days before you can use direct deposit for the first time. All direct deposits must be approved 2 business days before each payday by 8 p.m. ET. The maximum number of active employees (including contractors only for Enhanced) being paid cannot exceed 150. This Payroll Service requires internet access. Internet service provider fees may apply. You may cancel at any time online (within your Online Payroll account click the Setup tab, then click Cancel Service) or by calling 1.888.606.4545. Terms, conditions, features, availability, pricing, fees, service and support options are subject to change.

Monthly fees: Basic service is $20 per month and Enhanced service is $36 per month. With the Basic service, you will receive a $20 discount in any month you pay all your employees by direct deposit to a Bank of America account. With both the Enhanced and Basic services, if you pay more than 20 employees but not all are paid by direct deposit to a Bank of America account, an additional monthly fee of $2 will be charged for each employee over 20. Additional multi-state payroll processing fees ($12 per state per month) will apply for each state (other than your primary business state) in which you have employees or contractors. Multi-state tax filing is only available with the Enhanced level of service. The monthly Payroll Service fees, including multi-state fees, will be charged for each month you are enrolled, whether or not you use the payroll service. The monthly Payroll Service fees are waived during the first 3 months of enrollment. Intuit may charge additional fees for exceptions processing and other special services during and after the trial period. Pricing does not include applicable sales, use or other tax.

Intuit guarantees the accuracy of its payroll calculations, based on the information you provide and subject to the terms of your agreement with Intuit. If Intuit causes a calculation error, Intuit will pay the tax penalty incurred as a result of a calculation error.

Intuit® Online Payroll is a product of Intuit Inc. You must go to the Intuit website to enroll in and use the product. Bank of America is not responsible for the product or the performance of Intuit Inc. Intuit and the Intuit logo are registered trademarks of Intuit Inc., used under license.

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